Bank Economists Anticipate Strongest Growth in 20 Years in 2021
While the economy remains under the influence of the COVID-19 pandemic, the nation’s top bank economists expect the U.S. economy in 2021 to see its strongest growth in about 20 years.
Browsing: Economic Advisory Committee
Bank Economists Forecast 6% Contraction, with Recovery to Begin in Q3
The nation’s top economists forecast that the economy will experience a 6% contraction in 2020, with conditions beginning to recover sometime around the third quarter after a sharp second-quarter decline, according to the American Bankers Association’s Economic Advisory Committee.
ABA Data Bank: EAC Expects Real GDP to Contract by 5.7% in 2020
However, economists expressed a wide range of views, with little clustering, reflecting the great degree of economic uncertainty of the times.
Bank Economists Anticipate Moderating Growth, Stable Interest Rates in 2020
The nation’s top bank economists forecast continued economic growth that would support job growth and wage gains in 2020 and beyond.
Bonus Podcast: A Record-Setting Expansion, but Growing Downside Risk
Comerica Bank Chief Economist Robert Dye joins the ABA Banking Journal Podcast for a brief conversation on the economic outlook for the remainder of 2019 and beyond.
Bank Economists Expect Continued Growth Through 2020
ABA’s Economic Advisory Committee—which is made up of 16 chief economists from some of the nation’s largest banks—today forecast that economic growth will continue through 2020 at an estimated rate of 2 percent.
Podcast: Two Competing Economic Narratives for 2019
The U.S. economic outlook, while positive, is a tale of two stories, says Comerica Bank Chief Economist Robert Dye on the latest episode of the ABA Banking Journal Podcast.